Fund manager Jupiter is set to make up to 90 staff redundant over the next six months as it looks to cut costs and restructure.

Julie Scott, chief executive of Standard Life Aberdeen’s Financial Planning arm 1825 for the past four years, is leaving for a new role as chief customer officer at Royal London.

Adviser network Openwork has seen the first 19 graduates join its newly-launched Graduate Wealth Pathway Scheme this week.

Wealth manager St James’s Place is to cut 200 jobs from its workforce following a review of the business.